We’re big fans of the deposit accounts offered to residents of south Texas by NavyArmy Community Credit Union.
It has, for example, offered some outstanding certificates of deposit, which are featured on our list of the very best CD rates.
That good cheer applies to this credit union’s Liberty Checking Account as well.
Not only does its rewards checking account pay a better rate than most rewards checking accounts at 3.51% APY, it pays it on bigger balances — up to $25,000. And any portion of your balance greater than $25,000 earns 1.01% APY, which puts it on par with the best savings accounts available nationwide.
Liberty Checking is a typical rewards checking account in that you need to make at least 10 debit card transactions, sign up for eStatements and have at least one direct deposit or automatic payment per month to earn the top rate. If you fail to meet the qualifications one month, you’ll earn 0.10% APY.
The fee-free account has no minimum balance requirement and you don’t need to maintain a certain amount in your account to earn interest.
NavyArmy Community Credit Union is headquartered in Corpus Christi and has a dozen branches in south Texas.
Membership is open to anyone who lives, works or goes to school in Aransas, Bee, Cameron, Hidalgo, Jim Wells, Kleberg, Nueces and San Patricio counties.
To join the credit union, stop by a branch, fill out an application online or have the application mailed to you.
Membership requires a $15 membership fee and a $25 deposit in a savings account. If you apply for membership online, the $15 membership fee is waived.
Learn more about NavyArmy Community Credit Union at www.navyarmyccu.com or call 361-986-4500.